Grasim Industries has commenced commercial production at its Chlorinated Polyvinyl Chloride (CPVC) resin manufacturing plant located in Vilayat, Gujarat. The facility operates with a planned capacity of approximately 50,000 metric tonnes per annum and marks a strategic expansion in the company's downstream chlor-alkali derivatives portfolio. This development enhances domestic manufacturing capabilities, aligning with the "Make in India" initiative to reduce reliance on imports for specialized chemical resins.

The announcement was made via a disclosure dated August 11, 2026, submitted to BSE Limited and the National Stock Exchange of India Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing also referenced SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Strategic Collaboration and Capacity

The plant was developed in collaboration with Lubrizol Advanced Materials India Private Limited. This partnership follows an earlier disclosure on June 16, 2026, wherein Grasim informed stakeholders about the inauguration of the CPVC resin plant in India. The transition from inauguration to commercial production signifies that the facility has met operational benchmarks required for sustained output.

Portfolio Expansion

The addition of CPVC resin production strengthens Grasim's position in the specialty chemicals segment. By integrating downstream derivatives into its existing chlor-alkali operations, the company aims to capture higher value-added opportunities within its supply chain. The facility supports the broader corporate strategy of enhancing indigenous manufacturing infrastructure.

What the Numbers Show

The planned capacity of 50,000 metric tonnes per annum represents a significant volume entry for a specialized resin product in the Indian market. While specific revenue projections or cost structures were not disclosed in the filing, the scale of operation indicates a substantial commitment to capital deployment and long-term demand visibility in the construction and piping sectors, which are primary consumers of CPVC materials.

Grasim Industries witnessed a notable block trade on the National Stock Exchange (NSE), with approximately 50,611 shares transacted in a single deal. The trade was executed at a price of ₹3362.00 per share, aggregating to a total transaction value of ₹17.02 crores.

Block Trade Details

The following table summarises the key parameters of the block trade recorded on the NSE:

Block trades of this nature typically involve large institutional or high-net-worth participants and are executed outside the regular order book to minimise market impact. The transaction in Grasim Industries reflects meaningful activity in the counter during the session.